TURNER CONSTRUCTION CO. TO PAY U.S. $6.6 MILLION
TO RESOLVE FALSE CLAIMS ALLEGATIONS

WASHINGTON, D.C. - Turner Construction Company will pay the United States $6.6
million to settle allegations that it submitted false claims, the Justice
Department announced today. The New York, N.Y.-based company cooperated in a
Department investigation into information that Turner had received credits for
bonds on dozens of federal contracts without passing the credits along to the
federal government. Agencies participating in the settlement agreement include
the Justice Department, the General Services Administration (GSA), the
Department of Veterans’ Affairs (VA), and the Department of the Navy.

The contracts in question include one for the construction of the VA’s Boston
Medical Center in Massachusetts, one with the GSA for the construction of a
courthouse in Islip, New York, numerous Navy contracts, and several other
construction contracts or subcontracts with these and other agencies.

Turner was required by its contracts with the government to reduce the amount
it sought for bond payments or to refund to the government the credits it
received from its bonding company, AON Risk Services. As part of the
settlement, Turner will also forfeit claims valued at $2.8 million under
contracts with the Department of Veterans Affairs and the Department of the
Navy.

“Federal contractors will be held accountable when submitting false claims,”
said Peter D. Keisler, Assistant Attorney General of the Justice Department’s
Civil Division. “This settlement is an example of the Department’s commitment
to ensuring that federal funds are protected from fraud and abuse.”

The settlement resulted from an investigation by the Civil Division of the
Justice Department, with assistance from the General Services Administration’s
Office of the Inspector General, the Naval Criminal Investigative Service, and
the Department of Veterans Affairs Office of the Inspector General.